Worldwide Facilities LLC News

More Americans Consider CBD, Giving Insurance and Other Ancillary Businesses a Push

Most people in the cannabis space expect CBD to be big, but a new report highlights the potential of the cannabis product, which has some in the insurance community already stepping up their game. New Frontier Data on Thursday issued …

Worldwide Facilities Acquires Virginia’s Royal Oak Underwriters

Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Royal Oak Underwriters Inc., an excess and surplus lines insurance wholesaler based in Richmond, Va. The acquisition marks an expansion of Worldwide Facilities’ nationwide …

2020 Predictions from Cannabis Industry Experts: More Insurance Business

More legalization in more states. More product liability risks. More regulations. More M&A. More of many things is what insurance professionals involved in the cannabis industry can expect in 2020. Insurance Journal asked four experts watching the cannabis and insurance …

Worldwide Facilities Acquires Benchmark Management Group in Chicago Area

Benchmark Management Group Inc., a managing general agent and wholesale insurance broker with locations in the Chicago and Milwaukee areas, has been acquired by national wholesale insurance broker, managing general agency and program manager, Worldwide Facilities LLC. Benchmark is led …

Worldwide Facilities to Acquire Texas Insurance Wholesaler McClelland and Hine

Los Angeles-based Worldwide Facilities LLC announced plans to acquire managing general agent and excess and surplus lines broker, McClelland and Hine Inc. and McClelland & Hine Trucking Underwriters LLC (collectively, MHI), headquartered in San Antonio, Texas. MHI Principals Gill Hine …

Worldwide Facilities Acquiring RIC Insurance in California

Worldwide Facilities LLC has acquired the assets of Santa Rosa, Calif.-based RIC Insurance General Agency Inc. Terms of the deal weren’t disclosed. RIC will continue to maintain its client and market relationships and commitments as a division of Worldwide Facilities. …

Worldwide Facilities Acquires Connecticut’s Tennant Risk Services Insurance Agency

Worldwide Facilities has acquired Tennant Risk Services Insurance Agency LLC. Worldwide Facilities is a Los Angeles, Calif.-headquartered, national wholesale insurance brokerage and managing general agency. Tennant Risk Services Insurance Agency is a West Hartford, Conn.-based wholesale insurance broker and underwriting …

Verret Joins Worldwide Facilities in Chicago Sr. Vice President

National wholesale insurance brokerage and managing general agent Worldwide Facilities has announced that Brad Verret joined its Chicago office as a senior vice president specializing in transportation. Verret began his career in 2003 when he joined CRC Dallas. He moved …

Worldwide Facilities in California Names Answer Financial’s Galaviz CFO

Worldwide Facilities LLC has named John Galaviz its new chief financial officer. He is based in the firm’s Los Angeles, Calif. headquarters. Galaviz was chief financial officer for Answer Financial prior to joining Worldwide Facilities. His background includes corporate development …

Worldwide Facilities Taps Perry As a Broker in Arizona

Worldwide Facilities LLC has added Aaron Perry to its team of brokers in Phoenix, Ariz. He focuses on construction and manufacturing. Perry has six years of wholesale insurance experience. He was previously with firms including Horizon Risk Insurance Services Inc., …